Economic Policy

1-17 of 52 results

Small Florida bank shuttered, 124th this year

AP News 3 days ago

Regulators shut Commerce Bank of Southwest Florida; marks 124th US bank failure this year Florida banking regulators on Friday shut down Commerce Bank of Southwest Florida, marking the 124th U.S. bank to succumb this year to the struggling economy and rising loan ...

Senate sets hearing on Bernanke's renomination

Reuters US Online Report Politics News 3 days ago

WASHINGTON (Reuters) - The Senate Banking Committee said on Friday it will hold a hearing on Federal Reserve Chairman Ben Bernanke's renomination to a second term on December 3, putting the central bank chief under scrutiny at a time when the Fed ...

Fla. jobless rate climbs to 11.2 percent in Oct.

AP News 3 days ago

Florida's unemployment rate continues steady climb to 11.2 percent in October Florida's unemployment rate continued its steady upward climb in October to 11.2 percent — a mark last seen in the 1970s and a tenth of a percentage point higher than September's ...

Ariz. lawmakers may have December special session

AP News 3 days ago

Arizona lawmakers may have another special session to act on state's budget trouble Arizona legislators are still struggling to conclude their special session on the state's budget troubles but already are working on ideas for another one that could be held in ...

Nearly half of Americans rate Geithner performance "poor"

Reuters US Online Report Politics News 3 days ago

WASHINGTON (Reuters) - Adding to lawmaker criticism of U.S. Treasury Secretary Timothy Geithner's performance is a new survey released on Friday showing 42 percent of Americans say he has done a "poor job" handling the credit crisis and federal bailout programs. The ...

W.Va. considers tax flexibility for localities

AP News 3 days ago

Panel mulling tax changes for W.Va. considers giving more tax flexibility to towns, counties West Virginia's tax modernization project is back on, but that doesn't mean businesses and individuals should necessarily expect lower taxes in the near future. "Tax modernization does not ...

Ohio moderates' budget fix meets immovable forces

AP News 3 days ago

Ohio moderates' budget fix meets immovable forces in conservatives, Democratic governor A few moderate Ohio senators trying to craft a compromise to fix Ohio's budget gap are being thwarted by two opposing forces: the majority of Republican senators who adamantly oppose any ...

State, local budget cuts a "time bomb" for U.S. jobs

Reuters US Online Report Politics News 3 days ago

NEW YORK (Reuters) - Budget shortfalls pose a direct threat to millions of U.S. jobs, many in the private sector, as state and local governments lay off workers and cut spending on contracts and other business services, a think tank said on ...

Health Care Overhaul

AP News 4 days ago

Senate Majority Leader Harry Reid of Nev., left, and Senate Banking Committee Chairman Sen. Christopher Dodd, D-Conn., center, listen as Sen. Patty Murray, D-Wash. speaks during a health care reform news conference on Capitol Hill in Washington, Thursday, Nov. 19, 2009. (AP ...

House moves to protect doctors from Medicare cuts

AP News 4 days ago

House votes to block Medicare cuts to doctors, Republicans see a payoff to the AMA The Democratic-controlled House voted Thursday to add more than $200 billion to the deficit to prevent steep Medicare payment cuts to doctors, a move Republicans denounced as ...

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